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  • September 18, 2014
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  1. Agents warned over investments

    Posted Sep 30th 2008, 12:00am by Joyce Man

    ... Joyce Man Agents selling investment products should understand their products and clients, the head of the Securities and Futures Commission said yesterday, as hundreds of Lehman Brothers ... Separately, Wong Kin-ming, an investor who purchased HK$2.52 million worth of minibonds, filed a complaint about product mismarketing with Chiyu Banking Corporation yesterday, said Democratic Party ...

  2. Petition seeks support for abused bank staff

    Posted Nov 07th 2008, 12:00am by Joyce Man

    ... Joyce Man A group of netizens has organised a petition in support of bank staff on the receiving end of a storm of abuse from angry investors in Lehman-backed derivative products. The move ... holders. 'It is a difficult period for our frontline staff,' she said. Investor Wong Kin-ming, who settled with Chiyu Banking Corporation yesterday, said last month that he harassed, ...

  3. Wing Hang gets to work on Chekiang

    Posted Oct 09th 2003, 12:00am by Raymond Ma

    ... Wing Hang Bank is expected to complete its integration of Chekiang First Bank within 18 months, according to the lender's chief. Chairman and chief executive Patrick Fung Yuk-bun said the bank, which last week completed the purchase of Chekiang First Bank, had begun to integrate the smaller lender into its business. Wing Hang would focus on integrating the two banks' ...

  4. Dah Sing Bank plans push into mainland

    Posted Jul 04th 2003, 12:00am by Raymond Ma

    ... Managing director Derek Wong Hong-hing said yesterday the trade agreement, which lowers the entry barrier for Hong Kong banks entering the mainland market, would allow Dah Sing to plan a clear ... Mr Wong was speaking at a Federation of Hong Kong Industries conference on the impact of Cepa on local businesses. The agreement, unveiled last weekend, lowers the asset requirement of Hong ...

  5. Flat earnings fail to sway optimism over takeover

    Posted Aug 15th 2003, 12:00am by Raymond Ma

    ... and high liquidity in the banking system. However, chairman and chief executive Patrick Fung Yuk-bun said Wing Hang's pending acquisition next month of Chekiang First from Mizuho Financial ...

  6. Wing Hang buys Chekiang

    Posted Aug 02nd 2003, 12:00am by Raymond Ma

    ... and short-term deposits into its treasury operations. 'There will also be cost synergies,' said Wing Hang chairman and chief executive Patrick Fung Yuk-bun. He added that Wing Hang will achieve ...

  7. Mid-tier Wing Hang aims for Chekiang First Bank

    Posted Jul 05th 2003, 12:00am by Raymond Ma

    ... Yuk-bun, son of the founder, is chairman and chief executive. The bank is 20 per cent jointly owned by Patrick Fung, brother Michael Fung and brother-in-law Louis Ho. The Bank of New York also has ...

  8. DBS keen on mainland banks

    Posted Jul 22nd 2003, 12:00am by Raymond Ma

    ... and customers migrate into South China,' he said. The bank is planning to open 12 branches on the mainland within five years. Vice-chairman and director Frank Wong said the bank was open towards ... provided there are complimentary roles that we each can play,' Mr Wong said. The bank could offer its expertise in risk management, treasury markets, wealth management and credit-card ...

  9. StanChart battered by bankruptcies in HK

    Posted Aug 07th 2003, 12:00am by Raymond Ma

    ... customers. As far as the existing credit lines are concerned ... we won't increase it across the board. We will look at it on an individual customer basis,' director Peter Wong Tung-shun ...

  10. Property plays get lift from mainland buyers

    Posted Aug 23rd 2003, 12:00am by Raymond Ma, Sandy Li

    ... of the distressed property stocks,' said Raymond Foo, the brokerage's regional strategist. Adrian Ngan, BNP Paribas Peregrine's regional property analyst, said: 'On improving economy ... Hong Kong on newly approved individual visas, snapping up local properties. Wharf (Holdings) assistant director Ricky Wong Kwong-yiu said two such tourists had each bought a $4 million unit ...




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